Definition of gross pay: The total of an employee's regular remuneration including
allowances, overtime pay, commissions, and bonuses, and any other amounts ...
You may hear terms such as gross salary, net salary and deductions used,
especially on payday, but might not be completely clear as to what all of them
Definition of gross pay: The amount of wages earned by an employee before the
appropriate taxes are taken out.
May 21, 2016 ... A definition of gross pay and how to calculate gross pay for hourly and salaried
employees, including overtime calculation.
Sep 15, 2014 ... Are they talking about the basic salary, gross salary or net salary? When should
each tern be used and what is the technical meaning?
Jan 26, 2015 ... Gross wages may look great on paper, but take-home pay is often much less than
the gross pay. Here's what you need to know about gross ...
It is the starting point for determining the taxes that individual will pay. Sources of
gross income include salary, wages, tips, capital gains, dividends, interest, ...
gross wages. An employee's pretax compensation based on hours worked times
an hourly rate of pay. Production workers and nonmanagement employees are ...
Definition: Gross pay is the total amount of remuneration paid to an employee. It
is paid out through the payroll system. Gross pay includes all of the following:.
Jul 28, 2013 ... The concepts of gross and net income have different meanings, depending on
whether you are discussing a business or a wage earner.